🚨 #ETHEREUM# SUPPLY SHOCK IMMINENT?



$ETH on CEXs has dropped 6.7% in Q3.

Now sitting at the lowest levels since July 2016.

ETH treasury firms are just beginning their onchain yield-boosting strategies, which will likely drive this number lower.

More capital flowing onchain could trigger reflexivity, improving both fundamentals and price action.
ETH-0.69%
IN-5.7%
MORE1.24%
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